- Oct 30, 2007
- Professional Status
- Certified Residential Appraiser
Hi all--I received my first request to do an operating income statement. On the form (216) it states that "if the appraiser is retained to complete the form instead of the applicant, then the lender must provide to the appraiser the aforementioned operating expenses, mortgage insurance premiums, HOA dues, etc". Is this required from the lender before the form can be completed? Thanks for any help!